Rhode Island Holds Your Money | Providence News
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Rhode Island is quietly pocketing over $37 million in unclaimed property meant for its citizens, while only planning to return $34 million in claims—raising serious questions about accountability. Though the state collects $76 million total, much of it comes from selling long-held securities, leaving owners with only the sale price, not any future gains. Despite a successful “It’s Your Money” program that’s returned $10 million automatically, the state still relies on outdated methods. With the data and tools to locate owners, Rhode Island should prioritize returning every dollar—before selling, before spending, before it’s too late.
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